Business

China Harbour Engineering Company sets record straight on Hambantota Port construction

Views - 88 Friday, 6 July 2018 00:00

Successive elected Governments in Sri Lanka have invited internationally-renowned engineering consulting companies


CA Sri Lanka, CMA and AAT unveil ‘Creating a Profession Par Excellence’ joint initiative

Views - 60 Friday, 6 July 2018 00:00

President of the International Federation of Accountants (IFAC) Rachel Grimes praised the country’s top three local


Sri Lanka retains Tier 2 ranking in US trafficking report for second consecutive year

Views - 48 Thursday, 5 July 2018 00:00

Sri Lanka retained its Tier 2 ranking in the US State Department Trafficking in Persons (TIP) Report for the second consecutive year. The annual Trafficking in Persons Report is prepared as per the US Trafficking Victims Protection Act (TVPA) of 2000


Dr. Ranasoma quits Hayleys

Views - 444 Wednesday, 4 July 2018 00:00

Dr. K. I. Mahesh Ranasoma resigned from the post of Executive Director at Hayleys PLC yesterday. He joined


Maldives keen on Double Taxation Avoidance, Investment Guarantee deals with SL

Views - 80 Wednesday, 4 July 2018 00:00

The Maldives is keen to sign Double Taxation Avoidance and Investment Guarantee agreements with Sri Lanka, its Ambassador Hussain Shareef revealed last week.


BOI’s Polgahawela EPZ promotes regional industrialisation and exports

Views - 82 Wednesday, 4 July 2018 00:00

The BOI’s Polgahawela Export Processing Zone (PEPZ) which is a very significant zone in the Kurunegala District, was established


CMA Excellence in Integrated Reporting Awards 2018

Views - 67 Wednesday, 4 July 2018 00:00

The Institute of Certified Management Accountants of Sri Lanka (CMA) Awards presentation for the “CMA Excellence


Commercial HC overrules jurisdiction objection and upholds Interim Order granted against Mascons

Views - 192 Wednesday, 4 July 2018 00:00

The Commercial High Court, through an extensive Order dated 25 June 2018, dismissed a preliminary objection raised


COYLE fosters business excellence through ‘Sri Lanka Corporate Health & Productivity Awards’

Views - 26 Wednesday, 4 July 2018 00:00

The Chamber of Young Lankan Entrepreneurs (COYLE) in collaboration with Japan External Trade Organization (JETRO)


New lankasathosa.org launched, ready for direct online sales in six months

Views - 70 Tuesday, 3 July 2018 00:29

Despite an FMCG market decline for two quarters in a row across the country, Sri Lanka’s largest State-owned retail chain has successfully boosted its own turnover with stronger numbers to Rs 31 billion - the highest so far. “I am pleased to say


CBB hosts member seminar on European General Data Protection Regulations

Views - 108 Tuesday, 3 July 2018 00:29

A most important breakfast seminar that was attended by 47 Council Members was held at JAIC Hilton on 14 June. The topic covered the new European Data Protection Regulations that will now affect all companies who wish to undertake business with any i


CH17 Loyalty launches Privilege Holiday Card for Lankan expats

Views - 96 Tuesday, 3 July 2018 00:29

A multi-facility SMART welcome home Privilege Holiday Card exclusively for the Sri Lankan expat community will be introduced shortly. The Privilege Holiday Card will be part of the welcome pack offering many benefits and privileges they will be able


BOI’s Polgahawela EPZ promotes regional industrialisation and exports

Views - 43 Tuesday, 3 July 2018 00:27

The BOI’s Polgahawela Export Processing Zone (PEPZ) which is a very significant zone in the Kurunegala District, was established in 2000 on a land area of 65 acres of which 39.65 acres are industrial land. There are 7.60 acres of vacant land on fou


Monopoly in distribution of films: DC issues enjoining order against Film Corporation

Views - 16 Monday, 2 July 2018 00:00

Colombo District Court issued an enjoining order operative until the application for Interim Injunction is heard and determined against the decision of the National Film Corporation to allow it to distribute films.


HC vacates Interim Order against UK directors of Global Grange Lanka

Views - 50 Monday, 2 July 2018 00:00

Colombo High Court vacated the Interim Order against two UK Directors of Global Grange Lanka Ltd. restraining them from acting.


Mark Prothero takes over presidency of Council for Business with Britain

Views - 82 Monday, 2 July 2018 00:00

The 18th Annual General Meeting (AGM) of the Council for Business with Britain, staged under the aegis of the Ceylon Chamber of Commerce (CCC), was held on 25 June at Westminster House, electing Mark Prothero as President.


Arrow Lanka Trading offers efficiency in rice processing

Views - 36 Saturday, 30 June 2018 01:37

Ushering Sri Lanka’s rice cultivators towards a technology powered new era, the first ever company to introduce automatic rice mills to professional small-scale rice millers in Sri Lanka Arrow Lanka Trading Ltd., a subsidiary of Markspen Group....


“Make Sri Lanka fake and forgery-free,” says Holographic Asia MD

Views - 42 Saturday, 30 June 2018 01:35

The Malaysian Managing Director of Holographic Asia, Foong wan Hong is on an extensive mission to make Sri Lanka fake and forgery free. He yearns to see this country, which he has visited over 30 times during the past 12 years....


NDB WinFest a massive success

Views - 43 Saturday, 30 June 2018 01:34

‘WinFest’ a career concert powered by NDB and organised by Snipexx successfully concluded at Trace Expert City, Maradana, last Saturday.


Lanka Hospitals’ marketing team wins prestigious Brand Leadership Award

Views - 22 Saturday, 30 June 2018 01:32

Lanka Hospitals PLC has clinched the coveted ‘Brand Leadership Award’ at the World Medical Tourism Congress & Awards 2018 held in Kuala Lumpur, Malaysia.


Correction

Views - 27 Saturday, 30 June 2018 01:25

The Daily FT yesterday incorrectly identified Nayana Mawilmada’s designation in a picture caption


Hameedia’s latest showroom opens for business in Rajagiriya today

Views - 44 Saturday, 30 June 2018 01:20

In keeping with its commitment to fulfil the demand for ease of access to its quality clothing, Sri Lanka’s leading menswear specialist, Hameedia, is poised to launch a new showroom at Rajagiriya with a gala opening ceremony on 30 June.


Dr. Saman Kelegama Memorial Conference kicks off today

Views - 62 Friday, 29 June 2018 00:15

Sri Lanka’s post-conflict development in a transforming global economy, geopolitics and regional economic integration, policies, regulations and governance for growth, and smarter development for sustaining peace are some of the key issues that wil


Top South Asian lottery marketeer appointed General Manager of Development Lotteries Board

Views - 34 Friday, 29 June 2018 00:13

One of the most experienced lottery and business management experts in Sri Lanka, Anura Jayarathna has been appointed recently by the Director Board to the post of General Manager of the Development Lotteries B


Japan grants Rs. 374 m in public sector Human Resources Development scholarships

Views - 34 Friday, 29 June 2018 00:10

Two Exchange of Notes between the Sri Lankan and Japanese governments, as well as grant agreements between the Sri Lankan Government and JICA (Japan International Cooperation Agency), for the


Shiraz Latiff elected as Chairman of Consulus Global Network

Views - 53 Friday, 29 June 2018 00:10

(Singapore): Consulites (Consultants of Consulus) from 16 countries gathered at its headquarters in Singapore for its annual five-day Consulus Global School and elected Shiraz Latiff as Chairman for 2018-2019, effective 21 June – the day when the f


SAARC CCI participates in SAARC Development Fund Partnership Conclave 2018

Views - 24 Friday, 29 June 2018 00:10

SAARC CCI President Ruwan Edirisinghe will be leading a delegation from SAARC member states to New Delhi, India from 1-3 July. He will be accompanied by SAARC CCI Vice Presidents, representatives fr


FT Forum on ASEAN on Channel Eye tonight

Views - 22 Friday, 29 June 2018 00:10

The special program on ‘ASEAN: Sri Lanka’s next big opportunity’, organised by the Daily FT in partnership with the Colombo University MBA Alumni Association and with the strategic partnership of HSBC, will be telecast on SLRC Channel Eye at 7.


Half of South Asia living in vulnerable climate ‘hotspots’: World Bank

Views - 18 Friday, 29 June 2018 00:10

NEW DELHI (Reuters): Changes in temperature and rainfall will impact almost half of South Asia in the coming decades, reducing economic growth in one of the world’s poorest regions, the World Bank said.


UNDOCO Director visits Citra Social Innovation Lab

Views - 45 Friday, 29 June 2018 00:10

Kanni Wignaraja, the Director of the United Nations Development Operations Coordination Office (UNDOCO) in New York recently visited Citra, Sri Lanka’s first Social Innovation Lab. Citra – bearing the Sanskrit mea


Today's Columnists

No other country can better understand the preciousness of free trade than SL

Thursday, 19 July 2018

The year 2018 marks the 40th anniversary of China’s reform and opening-up and also the 17th anniversary of China’ accession to the World Trade Organization (WTO). In 2001, China acceded to the WTO, which marked a new historic stage of reform and


Development of national housing and Employees’ Provident Fund

Thursday, 19 July 2018

‘Singapore’ has become a buzzword in the media circles today. Media speak is centred round many issues. Extradition of the fugitive Central Bank Governor appointed to the post on a recommendation by our PM, now missing and reportedly taken refuge


Sri Lanka stepping up its pursuit of trade-led growth

Wednesday, 18 July 2018

“We were a trading nation since the era of ancient kings,” Prime Minister Ranil Wickremesinghe reminded Parliament


To hang or not to hang!

Tuesday, 17 July 2018

President Maithripala Sirisena dropped a bombshell out of the blues last week, sans all ‘maître’ (loving-kindness) when he launched a coup de main on drug offenders. He threatened to use his powers to place his signature to execute the death sen


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